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Spending on Global Energy Transition Hits Record $500 Billion

The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.

January 19, 2021

Rivian Reportedly Reaches $27.6 Billion Value on New Funds

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.

January 19, 2021

NACFE Plans Run on Less-Electric Event in September

The North American Council for Freight Efficiency announced plans for Run on Less-Electric, a technology demonstration of a variety of battery-electric trucks in everyday operation.

January 14, 2021

Paccar Parts Begins Selling Electric Vehicle Chargers

Paccar Parts announced it is making available to customers electric vehicle charging stations designed to be compatible with Paccar Inc.’s Kenworth Truck Co., Peterbilt Motors Co. and DAF electric trucks.

January 13, 2021

Hunt for the Next Tesla Fuels Wave of EV Deals

Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.

January 12, 2021

Sherri Baker Joins Hyliion as Chief Financial Officer

Hyliion Holdings Corp., a provider of electrified powertrain solutions for heavy-duty vehicles, announced Sherri Baker will join the company as chief financial officer.

January 12, 2021

Daimler Trucks-Backed Proterra to Go Public Through ArcLight SPAC

Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.

January 12, 2021

Pilot, RTS Announce Partnership Aimed at Fleets

Travel center operator Pilot Co. and RTS Financial announced their fuel and factoring partnership with a variety of services.

January 11, 2021

Tesla’s Elon Musk Debates How to Give Away World’s Biggest Fortune

Elon Musk is not only the world’s richest person, he lays claim to the biggest net worth ever recorded: $208 billion as of Jan. 8. What he does with it will be closely watched.

January 8, 2021

GM Changes Corporate Logo to Plug Its EV Strategy

General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.

January 8, 2021